(১৬২৭) পপুলার লাইফ ইন্স্যুরেন্স...২। coordination among the SEC, Bangladesh Bank

Monday, June 20, 2011 Unknown
শেয়ারবাজার :::: পুঁজিবাজারে তালিকাভুক্ত পপুলার লাইফ ইন্স্যুরেন্স কোম্পানির লেনদেন ২০ জুন সোমবার থেকে স্পট মার্কেটে শুরু হবে

ঢাকা স্টক এক্সচেঞ্জের (ডিএসই) ওয়েবসাইটে রোববার তথ্য প্রকাশ করা হয়েছে

বীমা খাতের পপুলার লাইফ ইন্স্যুরেন্স কোম্পানির শেয়ার স্পট মার্কেটে লেনদেন করা যাবে ২০ জুন সোমবার থেকে ২২ জুন পর্যন্ত

বিশেষ সাধারণ সভার(ইজিএম) রেকর্ড ডেটের কারণে ২৩ জুন কোম্পনির লেনদেন স্থগিত থাকবে

 Finance minister A M A Muhith has turned down the opposition's demand for his resignation shouldering the responsibility for the Nov-Dec stocks crash.

"I won't resign following their demand-- all bogus. Such demand was raised several times in the past. This is usual in politics...they can't say anything new," Muhith said after a meeting at the finance ministry on Monday.

BNP chairperson's advisor Mahmudur Rahman on Sunday demanded resignation of Muhith, commerce minister Faruk Khan and the Bangladesh Bank governor for their "failure" to stop the slump in the share market.

The acting editor of a Bangla daily at a seminar cited statistics of the share forgeries allegedly committed by the Ocean Container Limited (OCL), Khulna Power Company Limited (KPCL) and the CMC Kamal Textile Mills.

Mahmudur also presented a seven-point charter of demands, including trial of those involved in the stocks scam and compensation to the affected investors.

BNP chairperson Khaleda Zia and senior opposition leaders were present at the seminar.

"Some 3.3 million small investors were robbed of their last penny through book building, split, priority share, placement and direct listing. Money has been laundered in dollars," he added.

BNP standing committee member M K Anwar told the seminar that the head of the government, Sheikh Hasina, herself had instructed looting of the share market money.

"They looted the small investors the way they did in '96," he added.

Over three million people—mostly small-scale individual investors—are estimated to have lost money because of the plunging share prices.

Following the crash, the government formed an enquiry committee which on Apr 7 submitted its report on the matter along with some suggestions.

It found that around Tk 40-50 billion might have been siphoned off the country."

Muhith on Apr 30, while publishing the report formally, said the government had decided to implement 17 decisions within a month and seven others within four months.

"The government has formed a taskforce under the bank and financial institutions division. It will not only monitor the implementations, but also evaluate the activities to purge the share market," he said.

The taskforce would be announced very soon, the finance minister said.

"The government's own observation is that there was lack of coordination between the stakeholders and share market. Organisational steps will be taken to remove the want of coordination among the SEC, Bangladesh Bank and the stock exchanges," he added.

Muhith also said an initiative to chalk out a roadmap for demutualisation of the SEC was set to begin in the next fiscal, beginning on July 1.

Trading on Dhaka and Chittagong stock exchanges was halted on four days, including two consecutive days in January following the seesaw.

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